Week through Adrian's Lenses (23-29 March 2024)

in LeoFinancelast month (edited)

This is the #64th edition of the "Week through Adrian's Lenses" weekly Hive and crypto news roundup.

Let's see what we have for this week.

Week on Hive

16 of 34 tracked posts made it to this week's issue of the "Week on Hive" roundup.

In the Spotlight

LEO Slated to be Listed on Maya Protocol Next Week

There's a lot to talk about this, but I'll leave some for next week's news roundup when it happens.

A few bullet-point highlights:

  • LEO will be listed on Maya Protocol at its next update, likely at the beginning of next week
  • The version of LEO that will be listed will be Arbitrum LEO, for which the smart contract was recently created
  • Reasons for picking Arbitrum instead of Ethereum's wLEO:
    • fees and slippage which would make wLEO impracticable
    • the low fees on Arbitrum, as a 2nd layer EVM chain (lower than on Polygon)
    • support for Arbitrum added on Maya in the same update
    • an interesting ecosystem, Khal said (personally, I haven't tested it)
  • LEO will have the LEO-CACAO pool on Maya, seeded with at least 100k USD worth of funds by the team; from this pool LEO can be traded with any other native coin supported on Maya
  • The new LeoDex (which has nothing to do with the old one) is slated to be rolled out at the same time as LEO on Maya; I don't know how much of what is planned will be ready for this initial release, but we will be able to use LeoDex to swap any Hive or Hive-Engine token to any token/coin supported on Maya, via LEO and CACAO.

A few reading/listening materials on the subject:

In the meantime, the conversion process from CUB/pCUB to LEO is ongoing, and a new guide was created.

Marketing / Awareness / Branding

Hive Rally Car in Croatia

The Hive Rally team signed up and was accepted to their home country WRC Rally in Croatia. This is the first time when they drive the new Ford Fiesta Rally3 car in competition.

Matt Testing Onboarding on Hive in a Bar

Matt and Dan are testing, improving, and fine-tuning the process of onboarding someone on Hive in person. The goal is to make it as quick as possible, as smooth as possible, to not lose their interest on the way.

They tested a process that will be improved where they had a couple of accounts prefilled with 20 HBD each and offered to random people in a bar, and they could use them to pay for their drinks.

Matt describes the whole process in a 15min video.

Governance / Development / Dapps

VSC and V4V.App Parnership

VSC and V4V.App announced a partnership that brings both Lightning and wrapped Bitcoin to Hive. I like some of the ending thoughts... "is a first step in becoming our own Thorchain or Maya Protocol". Why not think big, right? 😀

@brianoflondon expressed his thoughts in his own post as well.

VSC also published a few videos to serve as documentation references for coders interested in working with VSC smart contracts.

Hive Wiki

In an initiative that was made popular lately by @taskmaster4450le on INLEO, developing Hive as a useful database - Wiki-style or differently, as we have seen with the music lists, for example - @pharesim is trying to pick an interest for exactly this type of project he developed on the previous chain. The difference between the two approaches is that @pharesim has a dedicated front end for it, which may count for SEO possibilities and people reading the information. It would also be moderated content (as far as I understood), which makes the two approaches distinct from this point of view.

Games

Golem Overlord Updates

The game had a series of announcements recently. The game kind of moved away from having all/most gameplay operations on Hive, to improve speed and to make it easier to use other login methods to tap into other player bases. The PART tokens aren't automatically sent to Hive-Engine, they need to be withdrawn.

They also finally have a top-level domain, which is something they should have had from the start.

They also have a new avatar system, where avatars are NFTs that in the future can be leveled up and stats allocated.

The concepts of future Land on GO were also presented in another post.

Splinterlands to Introduce a Fair Play Policy in the TOS

The new fair play policy will specify, among other things, that "both providing or using any tools or services that provide help to players during active battles in Modern format, Tournaments, or Guild Brawls is strictly prohibited.".

Splinterlands also hired @sylar, the creator of XBOT, to enforce the new policy.

Meetings / Events / Communities

Hive Run at the CAF Marathon

Can you run a marathon? I can't! At least a few of these people from Hive Run can, and that's fantastic in itself. Check this out!

HBD and HIVE Traded P2P in Cuba Against Fiat

@manuphotos created a Spanish tutorial on how to buy or sell HBD and HIVE against Cuban Peso. It seemed to be done via a discord or a telegram bot. Where there is a need, there is a way.

Philanthropy

Helping a School in Venezuela Project

@cbrsphilanthropy along with @Nahupuku on-site in Venezuela are forging ahead with their project to help a school in Venezuela. I like their style of presenting all the costs involved. I was unpleasantly surprised to read about the scammers trying to get 3$ per A4 copy, especially when they needed 200 of them. But all for the best, because they ended up not paying anything for the copies.

Week in the Crypto World

What Does the EU Ban on Anonymous Crypto Transactions Really Mean?

It turns out it means all CEXes that want to operate in the EU can't accept crypto transactions for their EU customers if the sender is not KYC-ed, regardless of the amount.

That means an extra step besides KYC-ing everyone on a CEX. If you have a self-hosted wallet or a wallet without KYC (most non-CEX wallets, at this point), you won't be able to send funds to a CEX if the recipient is in the EU.

That doesn't make self-hosted wallets illegal (they couldn't have even if they wanted to), but they make them useable only in the crypto space and using p2p transactions or CEXes/offramps that don't comply with regulations.

I think the EU's new AMLR just opened a wide door to black and gray area markets. These idiots never learn from history. What did the Prohibition do for Americans in the 1920s? Too old history? What did the GDPR law do for the EU? Instead of allowing regular users to use established crypto businesses, they might push them to peripheric areas. That's how "criminals" are born. Here are some different explanations.

Sam Bankman-Fried in Prison for 25 Years

It's nice that the judge was thoughtful in recommending a minimum or medium security facility close to home... 😆 He must serve at least 21 years if they don't appeal the sentence. If you have the patience to read about this, here are the details.


Want to check out my collection of posts?

It's a good way to pick what interests you.


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There's a lot of big news this week. The LEO Maya and V4V news really got me excited though. I am excited to see how much additional users and traffic it brings to Hive.

Yes, I think that having a common proposal, VSC and V4V.app, for the Bitcoin stuff (or maybe more) is a good thing. Brian's proposal for V4V has been in and out of funding.

I agree. Having something go in and out of funding can be problematic for the developer. I hope this gives more stability as well.

It looks a lot happened. I saw the changes happen to Golem Overlord. I am not sure I like the UI but I like that they are making a lot of changes. It didn't change for a while so I thought nothing was happening there.

As for the CTT stuff, I'll watch the video later. I am just wondering if the bar accepted HBD or not.

It took a while for me to get used to the new UI at GO too. I think the dev was sick, that's why it staled development for some time.

I am just wondering if the bar accepted HBD or not.

They had a pre-arrangement at the bar.

the wiki is good stuff expecially for newbies

It won't be about Hive, I believe.

Hello, @gadrian. Thank you for your weekly update and Great job! I am most interested in Helping a School in Venezuela Project. I reblogged this post 👋 😊 Have a great week ahead. Barb !BBH !CTP #ctp

Yeah, that seems like an interesting project. It also shows that sometimes before you help you must think about protecting the investment from pillagers.

Yes this is so true and thanks for bringing that up @gadrian. To make sure I understand correctly, you mean to protect the funds from being stolen and knowing where they are exactly going. Is this correct? Thank you. 😊👍 !BBH !CTP

No, I mean truly pillagers. From what I understand the school has been vandalized and robbed before since life in Venezuela is pretty hard. I've seen they try their best to protect the internet lab that will be built - where there will be enough tech that might attract robbers - from forced entrance.

OK, I see @gadrian. Yes I can understand that because Venezuela has more crime do to the poverty. The people there are rising up from poverty with the Hive Sucre team. This is extraordinary, and I don't know if you could find people in the USA to do this. The people seem to bond together more closely in Venezuela and the other countries with dictators that over power them. This is wonderful to see happen before our eyes @gadrian. Yes, I sure hope maybe somehow the school will survive the pillagers after it is fixed up. I can see a wonderful future for Venezuela and Hive and also across the globe! They might have to have people take turns guarding the school or live there at night to protect it.

Dictatorship has that effect on people. The bigger the challenges they face in everyday life, the stronger bonds and networks they create to overcome them, often despite the authorities.

Yes, that is true @gadrian and we here in the USA should do that anyway. That is how I feel. Thank you and have a great rest of the week. !BBH !CTP 😊👍🌟

I’d surely give Golem Overload a try
The hype is really crazy so I’d love to try it out

The hype is really crazy so I’d love to try it out

Is it? It's not a new game, it's been on Hive for about a year or so (maybe less?). But it's true, it's one of the games with constant development, and I like it.